We are pleased to present 11025 Blix, a brand-new 2025 four-unit community in the heart of Toluca Lake. The Property comprises two structures on a single8,260-square-foot lot a front duplex of two 4BR/3BA split-level townhomes and a rear pair of detached 2BR/2BA accessory dwelling units totaling 4,958 rentable square feet.Every unit was delivered with European cabinetry, stainless Samsung appliances, in-unit washer/dryer, vinyl-plank flooring, custom shades, and central HVAC. The property is gated and carries owned solar offsetting common-area load; the two front townhomes include four dedicated parking spaces. There is no deferred maintenance and the lowest reserve and repair tier appropriate for a 2025 build.By its 2025 vintage the asset is exempt from the City of Los Angeles Rent Stabilization Ordinance and California AB 1482, and the owner-friendly expense structure tenants pay trash, electric, and internet/cable on this all-electric property drives a clean operating profile. The all-new, low-touch configuration broadens the buyer pool well beyond a typical value-add four-unit to 1031 exchange buyers, private local investors, and first-time multifamily buyers seeking turnkey product.Offered at $2,700,000 $675,000 per unit and $545 per square foot the Property reflects a 5.27% cap rate on stabilized income, pricing approximately 3% below the sold-comp per-unit median while delivering a measurable yield premium to recent Toluca Lake and North Hollywood closings. A disciplined, clear-to-trade opportunity in an established Toluca Lake location.
Property Details
Price:
$2,700,000
MLS #:
26850669
Status:
Active
Beds:
12
Baths:
10
Type:
Single Family
Neighborhood:
tultolucalake
Listed Date:
Jun 22, 2026
Finished Sq Ft:
4,958
Total Sq Ft:
4,958
Lot Size:
8,260 sqft / 0.19 acres (approx)
Year Built:
2025
See this Listing
Schools
Interior
Appliances
DW, MW, RF
Flooring
WOOD
Heating
CF
Laundry Features
STK
Levels
S
Exterior
Financial
Map
Community
- Address11025 Blix ST North Hollywood CA
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91602
Market Summary
Current real estate data for Single Family in North Hollywood as of Jun 25, 2026
393
Single Family Listed
72
Avg DOM
274
Avg $ / SqFt
$866,003
Avg List Price
Property Summary
- 11025 Blix ST North Hollywood CA is a Single Family for sale in North Hollywood, CA, 91602. It is listed for $2,700,000 and features 12 beds, 10 baths, and has approximately 4,958 square feet of living space, and was originally constructed in 2025. The current price per square foot is $545. The average price per square foot for Single Family listings in North Hollywood is $274. The average listing price for Single Family in North Hollywood is $866,003.
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